ARfuels April 2011 Press Releases

  • 04.04.2011

    Australian Renewable Fuels' Acquisition of Biodiesel Producers Limited is Complete

    Australian Renewable Fuels Limited (ASX:ARW) today announced the finalisation of the company’s acquisition of Biodiesel Producers Limited (BPL).

    In a strategic move to consolidate the industries plants in Australia, ARW has acquired the state-of-art plant signifying the company’s intention to capitalise on the under-utilised Australian market. Australian mineral diesel consumption sits at just 18 billion litres per annum, half of which is imported, with this expected to change to be in line with the rest of the world within the next few years.